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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.
  • Want to live forever? Theoretically, you could

    The outer limit of the human lifespan has long been hotly debated, with recent studies making the case we could...

    The outer limit of the human lifespan has long been hotly debated, with recent studies making the case we could live up to 150 years

    The new research, published Wednesday in the Royal Society Open Science journal, wades into the debate by analysing new data on supercentenarians

  • Syria water crisis spurs spike in disease: MSF

    MSF has blamed the ‘acute water crisis’ in recent months on a decrease in funding for water, sanitation and hygiene...

    The crisis is most acute in northwestern Syria, the country’s last major rebel stronghold

    More than three million people live in squalid conditions in that region

  • NYU and NYU Abu Dhabi develop AI tool to improve breast cancer detection

    A team of researchers from New York University (NYU) and NYU Abu Dhabi report that they have developed a novel...

    The system, designed to be a decision support tool for clinicians, also helped radiologists significantly decrease their false positive and requested biopsy rates

    The system is designed to identify malignant lesions in breast ultrasound images, with the primary goal of reducing the frequency of false-positive findings

  • UAE reviews food systems transformation at UN

    The world must act, and act now, if we are to reach zero hunger by 2030, the UAE’s Minister of...

    There is no more time for planning in the run-up to 2030, which is designated the Decade of Action

    The combined efforts of all actors is necessary for the world to meet the UN’s Sustainable Development Goals

  • Saudi Arabia seeks to attract $5.3bn in investments in data and AI

    Saudi Arabia aims to be one of the top 10 countries in the world in data and artificial intelligence, and...

    Digitization is not a luxury, minister says

    Kingdom is training 25,000 Saudis youth in digital skills

  • UAE, Egypt explore prospects of greater space cooperation

    The two sides also discussed facilitating new growth partnerships between the public and private sector.

    The meeting explored the potential for greater collaboration in all space-related fields between the two countries

    The two parties also looked at opportunities to strengthen ties across science, technology, engineering, and mathematics

  • UAE relaxes mask mandate, but with riders

    UAE residents may not wear a face mask in certain places while keeping a safe physical distance of two meters.

    Local authorities are expected to put signs showing the places where people will be allowed not to wear a face mask

    This will happen as long as people adhere to the physical distancing of two meters

  • Abu Dhabi Stem Cells Center to hire 1,000 citizens in 5 years

    The Abu Dhabi Stem Cells Center will hire 1,000 citizens during the next five years in medical and administrative roles,...

    The program will assist private sector institutions in supporting the "The Projects of the 50" initiative on a national level

    The center also declared its plan to enlarge the scope of its program to attract and develop Emirati talent

  • NASA selects Moon site for ice-hunting rover

    The space agency hopes the robot will confirm the presence of water ice just below the surface

    The space agency hopes the robot will confirm the presence of water ice just below the surface

    The mission is part of Artemis, America's plan to return humans to the Moon

  • Lebanon’s health sector is about to collapse: WHO

    Lebanon is undergoing one of the worst economic crises in the world, with economists predicting that hyperinflation is imminent in...

    Basic and life-saving medicines are in short supply, with restrictions in foreign currency severely limiting import

    This has been caused by the Lebanese pound losing 90 percent of its purchasing power since end-2019, and subsequent government policies

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